Asia

This paper explores how South Korea defines “economic security.” Amidst geopolitical turbulence, the framing of this concept by governments and policy circles around the globe is reflective of the changes…

This paper examines how Beijing views economic security as well as other countries’ actions in this realm. Economic security is not a new or foreign concept to Chinese thinkers and…

This paper argues that while North Korea does not discuss “economic security” in domestic contexts or have an established definition of the term, it thoroughly understands that the economy and…

The Democratic People’s Republic of Korea (hereinafter DPRK or North Korea) has been pursuing technological development in a very different way from the standard path of global technology growth due…

Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…

We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…

The second summit between President Donald Trump and North Korean leader Kim Jong-un on February 27 and 28 ended without an agreement. The key difference in the two leaders’ negotiating…

As the complex negotiations between North Korea, the United States, and South Korea continue, it is worthwhile to review what the current U.S. presence on the Korean Peninsula looks like.…

By Hwan Kang South Korea is a country full of franchises. If you are familiar with Korean delivery food, you know that there are hundreds of franchise stores that deliver fried chicken with beer wherever you are, even when you are outside having a picnic by the Han River. There are so many franchise convenience…

By Troy Stangarone In 1994, then President Bill Clinton considered a military strike to take out North Korea’s nuclear facilities. He ultimately decided against the use of military force and in the two decades since the United States and the international community have primarily responded to North Korea’s continued development of nuclear weapons and their…

By Mark Tokola Although tensions with North Korea seem to have eased during the past few days with statements by Secretary of State Tillerson and Secretary of Defense Mattis emphasizing diplomacy over military confrontation, the test of wills between Washington and Pyongyang continues with the U.S. government stating that it will settle for nothing less…

By Hwan Kang Kakao Bank launched its internet-only banking service on Thursday, July 27, meeting unprecedented enthusiasm from Korean users. Within first 8 hours of its unveiling, customers created more than 100,000 bank accounts. After only five days, the number of accounts surpassed the one million mark and then further broke the record by reaching…